I don’t see how the brokers and analysts can stand by LKE as it is pretty obvious that the economics suck at l/r consensus Li price of about $22,0000. They have to build expensive infrastructure and they have also given 25% of the project away to Lillac.
Once GLN gets its prepayment deal signed from Glencore, that means the project has been through rigorous independent technical and economic cross-examination by an expert third party, so GLN so will no longer be dragged down by LKE.
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30 | 1113461 | 0.160 |
Price($) | Vol. | No. |
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